Seller's Agent in 2024
Lily Vallario
EXP Realty, LLC
(240) 388-3507
3 in this area
282 Total Sales
Washingtonian Tower 9701 Fields Rd Unit 506 Gaithersburg, MD 20878
Shady Grove NeighborhoodEstimated Value: $155,768 - $180,000
1
Bed
1
Bath
446
Sq Ft
$352/mo
HOA Fee
Highlights
- Concierge
- Traditional Architecture
- Meeting Room
- Fallsmead Elementary School Rated A
- Community Pool
- Security Service
About This Home
As of April 2024****This studio is a single-room dwelling that combines the bedroom and living area into one space****LOCATION, LOCATION, LOCATION!!! Experience the epitome of urban living at this exceptional studio condominium located near the Rio Center and Downtown Crown in Gaithersburg, Maryland. Situated in the highly sought-after 20878 zip code and within the esteemed Thomas Wootton High School district, this residence offers a rare opportunity to own property in a prime location. With a focus on convenience and community, this stylish urban retreat goes beyond its enviable location. Residents enjoy the added benefit of HVAC maintenance and replacement covered by the low condo fee, ensuring both peace of mind and economical living. And with the price of this studio condominium being such an enticing opportunity due to its prime location, opportunities like these don't come by often.Benefitting from easy access to major highways such as I-270 and I-370, navigating the Washington metropolitan area is effortless. Step outside to discover the vibrant Rio Center and Downtown Crown, featuring an abundance of dining, shopping, and entertainment options.Inside, the thoughtfully designed living space boasts a well-appointed kitchen, an inviting living area, and a bright ambiance illuminated by ample natural light. Additional amenities include an outdoor pool with a covered dining area, ample parking in the large exterior parking lot, security cameras for enhanced safety, a 24-hour concierge service in the spacious lobby, elevator access for added convenience, and on-site maintenance for peace of mind.Beyond offering an exceptional living experience, this property also presents a lucrative rental opportunity.Embrace the unmatched convenience and comfort of urban living. Schedule a tour today to seize the chance to make this condo studio your new home or a savvy rental investment.
Last Agent to Sell the Property
(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760 Listed on: 02/26/2024
Last Buyer's Agent
(240) 388-3507 lily@soldbylily.com EXP Realty, LLC License #0225099760 Listed on: 02/26/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,373
Year Built
- Built in 1966
Lot Details
- 784
HOA Fees
- $352 Monthly HOA Fees
Home Design
- Traditional Architecture
- Entry on the 5th floor
- Brick Exterior Construction
Interior Spaces
- 446 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Free Parking
- Parking Lot
Accessible Home Design
- Accessible Elevator Installed
Schools
- Thomas S. Wootton High School
Utilities
- Central Air
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160901861791
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, laundry, lawn maintenance, management, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water
- High-Rise Condominium
- Washington Tower Subdivision
Amenities
- Concierge
- Common Area
- Meeting Room
- Laundry Facilities
Recreation
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2024
Closed on
Apr 24, 2024
Sold by
Kim Kwan Soo and Kim Sook Jee
Bought by
Marshall Erin P and Marshall Carol L
Seller's Agent
Lily Vallario
EXP Realty, LLC
Buyer's Agent
Lily Vallario
EXP Realty, LLC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Views
398
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,692
Avg. Annual Appreciation
5.74%
Purchase Details
Closed on
Sep 24, 2009
Sold by
Kim Kwan S
Bought by
Kim Kwan S
Purchase Details
Closed on
Aug 3, 2005
Sold by
Hassan Ramsey S
Bought by
Kim Kwan S
Purchase Details
Closed on
Jul 19, 2005
Sold by
Hassan Ramsey S
Bought by
Kim Kwan S
Purchase Details
Closed on
Oct 26, 2000
Sold by
Nasar Leon and Nasar M L
Bought by
Hassan Ramsey S
Purchase Details
Closed on
Jul 26, 2000
Sold by
Federal Home Loan Mortgage
Bought by
Mondrian Mortgage Corporation
Purchase Details
Closed on
May 28, 1999
Sold by
Miller Glenn A
Bought by
Federal Home Loan Mortgage and Corporation
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marshall Erin P | $155,000 | Perfection Title | |
| Marshall Erin P | $155,000 | Perfection Title | |
| Kim Kwan S | -- | -- | |
| Kim Kwan S | $165,000 | -- | |
| Kim Kwan S | $165,000 | -- | |
| Hassan Ramsey S | $40,750 | -- | |
| Mondrian Mortgage Corporation | $37,414 | -- | |
| Nasar Leon | $32,000 | -- | |
| Federal Home Loan Mortgage | $32,400 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2024 04/24/24 | Sold | $155,000 | -6.1% | $348 / Sq Ft |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $165,000 | -- | $370 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,433 | $125,000 | -- | -- |
| 2024 | $1,433 | $120,000 | $0 | $0 |
| 2023 | $1,373 | $115,000 | $34,500 | $80,500 |
| 2022 | $927 | $115,000 | $34,500 | $80,500 |
| 2021 | $1,313 | $115,000 | $34,500 | $80,500 |
| 2020 | $1,311 | $115,000 | $34,500 | $80,500 |
| 2019 | $1,309 | $115,000 | $34,500 | $80,500 |
| 2018 | $1,312 | $115,000 | $34,500 | $80,500 |
| 2017 | $1,266 | $115,000 | $0 | $0 |
| 2016 | $1,318 | $106,667 | $0 | $0 |
| 2015 | $1,318 | $98,333 | $0 | $0 |
| 2014 | $1,318 | $90,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lily Vallario
-
Sophia Chedrauy
Seller Co-Listing Agent in 2024
Sophia Chedrauy
EXP Realty, LLC
(301) 793-7627
3 in this area
185 Total Sales
About Washingtonian Tower
Map
Source: Bright MLS
MLS Number: MDMC2121520
APN: 09-01861791
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